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Re: cosmoworld7 post# 13485

Thursday, 07/03/2003 4:25:46 PM

Thursday, July 03, 2003 4:25:46 PM

Post# of 78729
cosmo- I think Groove stated in his post that he couldn't back up the claims so I'm not understanding why you're demanding that he do so. While I am frustrated at this point, I cannot rule out the possibility that the FPGA is done as he says. If we look at the fact that very little money was spent on R&D in Q1, and also at the fact that Brad is totally sticking by the 8 month timeframe, then what Groove brings up is a very real possibility. In fact, that's the one possibility that I hope is correct.

One last comment I'd like to make before officially retiring this issue is this...

I made my post the other day out of built up frustration. I'm tired of management letting time pass by without giving their loyal shareholders an update. We pay their salaries each and every month only to hear them say "trust me".

I WILL NOT retract any part of that post. I fully believe that management should take somewhat of a pay cut and put that money towards the development of this technology.

HOWEVER, I also recognize that I, nor anyone else, has enough information about what's going on behind the scenes to really make that call. I consider it entirely possible that NV is so much farther ahead of where they are letting on that we could wake up one day and have a PR stating that we are entering into the production phase of the process and that Intel will be licensing the technology with an expected product release of November. We just don't know and I think that's what kills us at times. Whatever was said in the President's letter about Supercomm COULD POSSIBLY have been a ploy to throw competitors off. If what we have is as big as we've been led to believe, you can bet your bottom dollar that competitors are sniffing around.

So anyway, I'm just going to revert back to silent mode knowing that we have two more months before we find out if Brad has been filling us full of beans or not. I suspect all will be fine and at this point, I still suspect that what we have something better than anything else out there.

BRAD, YOU HAVE 2 MONTHS. GOOD LUCK.


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